Month: March 2021

Private jets can cost upward of $40 million to buy outright, but many of society’s most elite still buy them every year. Wondering who these individuals are? Check out our list of 7 private jet owners. You will probably recognize many of the world’s most powerful leaders on our list!

The number shown next to each of our 7 includes all of the aircraft’s ongoing annual costs (fuel, cabin crew, insurance, and hangarage, etc).

Biggest Private Jet Spenders Per Year

1. 45th President of the United State, Donald Trump

Trump reportedly spends $9.25 million on flying annually.

The former president created a new Air Force One fleet that cost an estimated $5.2 billion. Two Boeing 747-8s were converted into new VC-25s, military versions of the 747, and were named ‘the flying Whitehouse.’

2. Russia’s Leader, Vladimir Putin

Vladimir comes in second, spending an estimated $5.3 million each year on his IL-96-300PU.

3. Germany’s Chancellor, Angela Merkel

Merkel spends roughly $4.6 million for her Airbus A340-313X VIP travel annually.

4. President of Kazakhstan, Kassym-Jomart Tokayev

Tokayev spends $4.5 million annually.

5. Sultan of Brunei, Hassanal Bolkiah

The Sultan spends $4.3 million a year on his private jet maintenance and travel.

6. John Travolta

This actor spends an estimated $2.25 million on his Boeing 707.

7. Kylie Jenner

Gen Z’s very first billionaire and reality-TV star/makeup mogul/author/social-media icon Kylie Jenner spends roughly $1.45 million on her own Bombardier Global 7500.

Bonuses!

• Beyoncé and Jay-Z together spend around $1.4 million on their personal Challenger 850
• Jim Carrey spends just over one million on his Gulfstream V
• Tom Cruise and Oprah spend just below Mr. Carrey at $950,000 on their respective Bombardier jets
• David Beckham reaches $870,000 each year on his Bombardier Challenger 350
• Kylie’s sister, Kim Kardashian, spends roughly $730,000 each year on her own private travel, however, Kim charters her private jets rather than owning one.

Some Noteworthy Private Jet Owners (& Their Jets)

1.     John Travolta is one of the best celebrity pilots and aviation enthusiasts, owning five private planes, which he parks on his lawn. His most notable private jet is a customized Boeing 707-138 that he acquired in 1998.

2.     Oprah Winfrey’s production company, HARPO, bought her a custom-built Global Express XRS VIP business jet to provide her with comfort and the ability to travel quickly. This private jet has designer fixtures and an all-leather interior.

3.     Tom Cruise’s beautiful business jet can hold just under 20 passengers, providing comfort and class with state-of-the-art furnishings and tech. Plus, Tom’s jet automatically refreshes the air inside the cabin every two minutes. This jet is powered by two Rolls-Royce Tay 611-8 engines, taking the private jet up to 45,000 feet, with a max range of 7,820 km at a speed up to Mach 0.80!

Don’t Want to Spend Millions On Buying Your Own Private Jet? Charter a Jet Like Kim Kardashian Instead!

Vault Aviation can get you to your destination in luxury and comfort, without spending millions.

Contact Vault Aviation today and Fly Like a Champion this year!

If you don’t want to be rubbing elbows with hundreds of others on a commercial airplane, or waiting for hours in lines and security (or on the runway, just to get delayed) then renting a private jet is a great option. But how feasible is it, really?

Let’s find out.

How Expensive Is Renting a Private Jet?

While traveling by private aircraft may still be expensive, it’s no longer an exclusive privilege reserved only for the ultrarich and celebrities. However, the spread in pricing is vast, to say the least, and greatly depends on the size, amenities, and luxury of your plane, as well as the length of your trip.

Basic private jet travel can cost as little as $5,000 for a one-hour short trip on a turboprop or more than $40,000 to have a jet all to yourself for a trip from coast to coast.

It’s true that renting a private jet will cost you more than flying in first-class or business class, but the personalized service and upgraded luxury are worth the cost for many – plus, it is much faster!

Check out these hourly rental estimates for private jets from 2020, when many used private jets in lieu of commercial airlines.

• Light jet (4 to 7 passengers): $3,500 to $5,500/hr
• Midsize jet (6 to 8 passengers): $5,500 to $8,000/hr
• Super Midsize jet (6 to 9 passengers): $6,500 to $9,500/hr
• Heavy jet (10 to 15 passengers): $10,000 to $20,000/hr

How to Rent an On Demand Private Jet

The best way to book your private jet charter is directly through a company or broker, like Vault Aviation. But not all brokers are created equal – make sure you choose one who can do everything in-house on their own, so there is no gap in service or communication. Through our comprehensive services, you can browse various options and submit your details, and then we do the rest!

Vault Aviation’s On Demand private jet charter model provides all the benefits of full private jet ownership without the headaches, depreciation, or limitations. Our On Demand private jet charters allow you to fly where you want, when you want, on whatever plane you want, all with no membership fees or blackout dates.

Vault Aviation’s On Demand program allows you to pay for each flight on a trip-by-trip basis. This means you won’t have to contend with expiring hours or nonrefundable deposits that lock you into a program you can’t even use – like many other private jet charter companies or brokers.

On Demand private jet charters provide you with the most flexible means of flying privately. We know that every client is different, so our experts are trained to tailor the experience to meet your wants and needs. So, whether you fly once a year for vacation or once a week for business, Vault’s On Demand private jet charters have a solution for your specific needs.

We make private aviation & jet charters simple, just like they should be! Simply pick your plane and enjoy your flight.

Private Jet Charters Through Vault Aviation

As your full-service private jet broker, Vault Aviation is able to find whatever you want, whenever you want, and do it all ourselves and in-house.

Want to get there faster on any private jet you want, anytime you want? Contact Vault Aviation and Fly Like a Champion on one of our On Demand private jet charters today!

This is a fairly common question, as larger planes have larger fuel tanks, so it stands to reason that smaller planes have smaller tanks and therefore shorter max airtimes. But what does ‘shorter’ mean in this scenario?

Well, the short answer is – it depends. Because there are all different types and sizes of private planes, there are also all different lengths of max flight times. Plus, weight, routes, weather, and other performance factors play a role in maximum flight times and their variations.

“In the private aviation world, it’s all about efficiency, luxury, and saving time. So instead of spending an entire day traveling, private jets enable you to get in and out of your destination as quickly as possible.”

How Far Can Different Private Planes Fly?

No more connecting flights, poor schedules, waiting around, or slow and stressful ground transportation from one airport to another. Because there are over 5,000 different private airports and thousands of heliports in the US alone, compared to far fewer used by commercial airlines.

But if you can fly direct – does that mean you can fly nonstop? Let’s see some averages!

Private Jet	Max Range	Max Flight Time
Turboprop	1000-1300 miles	3-4 hours
Light Jet	1000-1800 miles	3-4 hours
Midsize Jet	2000-3000 miles	4-6 hours
Super Midsize Jet	3000-4000 miles	5-7 hours
Large Cabin Jet	4000+ miles	6-10+ hours
Large Cabin Jet	4000+ miles	6-10+ hours

But does this mean you can only go as far as the max range or airtime? Not at all, you can stop for a refuel and continue on. But how long does that take, and is chartering a larger plane worth the fewer stops? Let’s find out!

How Long Does a Fuel Stop Take for a Private Jet?

On average a fuel stop will only take about 30 minutes, giving you an opportunity to stretch your legs, use the facilities, or catch up on texts & calls (if your aircraft doesn’t have Wi-Fi). Of course, you could also not even notice.

Plus, even with this minor addition of time, you still save time over commercial airports and all the waiting associated. Essentially, you never need to worry about a private flight with a fuel stop (if you even need one), as it’s nothing compared to an airline connection.

What’s the Longest Range on a Private Jet?

As of 2021, the private jet with the longest range is the Gulfstream G650ER with a maximum range of 7,500 nautical miles, over 8,6000 miles, or 13,800 kilometers at Mach 0.85. The G650ER is in a class of its own when it comes to performance, comfortably sitting up to 19, sleeping 10, and capable of cruising at Mach 0.925 – just below the speed of sound!

Contact Vault Aviation to Fly to Your Next Destination With the Ease (& Speed) of a Private Jet Charter

Simply tell us what your flight preferences are, and our knowledgeable agents will find the perfect match. From size to speed, destinations to interior designs, we will find you the private jet charter flight and plane that will perfectly fit your needs.

Contact us today!